Wall Street Fraud Watchdog Warns All Investors About Wall Street Brokers and Banks Over Cash Equivalents

I think every investor around the world should be aware of this. I be honest with you after what I saw the market do today I am scared. I was buying up stocks because I thought they would rebound, but now it is almost alittle to scary for me to invest.


The Wall Street Fraud Watchdog is warning investors worldwide to be very careful of what Wall Street calls cash equivalents, such as failed, frozen, or devalued auction rate securities, products like Schwab Yield Plus and or a product sold by TD Ameritrade called Reverse Yield Plus. According to the group,"if you were sold one of these products, and your investment was devalued, or frozen, we want to hear from you. While we are on the topic, we are warning all investors to have your broker or bank investment advisor confirm in writing that your US tax free municipal bonds or VRDN's are 100% safe. We do think a US stock broker or bank investment advisor will put in writing that the US tax free Muni is 100% safe. We expect the US Municipal Market to crash in 2009, because of dramatic declines in US property tax & retail sales tax revenues." Investors or victims can contact Americas Watchdog's Wall Street Fraud Watchdog anytime at 866-714-6466, or visit their web site at Http://WallStreetFraudWatchdog.Com for more information.
the worst case of fraud in US history
if the broker cannot provide you with this assurance, get out of the investment and find a new stock broker or bank investment advisor. We expect a crash of the US tax free municipal market/VRDN's in 2009, so you should get an assurance in writing on these as well.
we want to repeat, we want every US investor involved in what are known as cash equivalents, or US tax free municipal bonds to have their bank investment advisor or stock broker put in writing, that the investment is 100% safe, and if they will not, we are encouraging investors to move their money to US Treasuries.
None of this translates into anything good for the US economy or the 2009 US stock market.
Drill, Drill, Drill? This is what has happened to the US economy and investors, when you mix Wall Street greed and arrogance with a bought and paid for US Congress
we know Wall Street has sold US citizens and investors around the world garbage and or pure and simple fraud with a AAA rating. We are here to help and try to provide assistance.

(PRWEB) November 20, 2008 -- Americas Watchdog's Wall Street Fraud Watchdog is the premier investor advocate in the world on Wall Street wrong doing and fraud. The group has tirelessly gone after banks and US stock brokers over the auction rate securities debacle, in what the group has called, "the worst case of fraud in US history". The Wall Street Fraud Watchdog is now warning that US cash equivalents may not be safe, and investors need to request in writing a letter or e-mail from their bank investment advisor or stock broker, that their investment is 100% safe. According to the group, "if the broker cannot provide you with this assurance, get out of the investment and find a new stock broker or bank investment advisor. We expect a crash of the US tax free municipal market/VRDN's in 2009, so you should get an assurance in writing on these as well."

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The Wall Street Fraud Watchdog has current national investigations of the following, and would like to hear from the victims of these failed, devalued or frozen cash equivalents-to include:

* Auction Rate Securities: Do you have an auction rate securities also called an ARPS/ARS or SLARS with Wells Fargo, or anyone other bank or stock broker that has been frozen? If so you should call the Wall Street Fraud Watchdog at 866-714-6466. On the topic of Wells Fargo, the group says, "we are stunned that Wells Fargo has not been forced into a settlement with the various state attorney generals in New York, Massachusetts, Missouri, over their role in selling auction rate securities. We are also stunned that California's worthless Attorney General Brown, has done little to nothing on the auction rate securities debacle, even though thousands of his states residents were conned into buying auction rate securities with lines like, its just like cash and 100% safe. We have an even lower regard for the Florida State Attorney General's do nothing approach on auction rate securities."
* Are you, or is your company a victim of auction rate securities and not covered by the already announced retail settlements by firms like UBS, Bank of America, Merrill Lynch, Citi Group, or Wachovia? If so, you should call the Wall Street Fraud Watchdog at 866-714-6466.
* Do you have frozen or devalued investments in TD Ameritrade's Reserve Yield Plus or Schwab Yield Plus? If so, you should contact the Wall Street Fraud Watchdog at 866-714-6466
* Americas Watchdog's says, "we want to repeat, we want every US investor involved in what are known as cash equivalents, or US tax free municipal bonds to have their bank investment advisor or stock broker put in writing, that the investment is 100% safe, and if they will not, we are encouraging investors to move their money to US Treasuries."


Regardless of the spin on from Wall Street used car sales types on CNBC, the group sees a further devaluation of US residential real estate values of at least 10% in 2009, with an eye popping 15% to 20% in California (you can't rent a life style on your home equity line of credit, in Orange, or LA County anymore). The Wall Street Fraud Watchdog expects the US Commercial real estate market, including office, industrial, high rise residential, and retail to get crushed in 2009, because they expect the US unemployment rate to be at least 10%. And, they expect the US retail industry as it is known, to experience a record number of bankruptcies, since the US consumer is no longer buying anything in volumes that approach normal, because they either can't charge it anymore, or they are hoarding their cash to pay all but necessary expenses. "None of this translates into anything good for the US economy or the 2009 US stock market."

Translation: Now would be a very good time to get your cash on the sidelines and wait to see what happens.

"Drill, Drill, Drill? This is what has happened to the US economy and investors, when you mix Wall Street greed and arrogance with a bought and paid for US Congress".

For more information any investor or victim of cash equivalent schemes can call the Wall Street Fraud Watchdog anytime at 866-714-6466 or visit their web site at Http://WallStreetFraudWatchdog.Com . According to Americas Watchdog's Wall Street Fraud Watchdog, "we know Wall Street has sold US citizens and investors around the world garbage and or pure and simple fraud with a AAA rating. We are here to help and try to provide assistance."

The Wall Street Fraud Watchdog is all about investor protection and integrity and transparency for US Citizens and or investors world wide.